Aehr Test Systems (AEHR)

Aehr Test Systems Income Statement

Financials in millions USD. Fiscal year is June - May.

Year Ending	TTM	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020	May 31, 2019
Revenue	71.89	64.96	50.83	16.6	22.29	21.06
Revenue Growth (YoY)	14.14%	27.80%	206.20%	-25.53%	5.87%	-28.76%
Cost of Revenue	36.31	32.22	27.16	10.57	13.92	13.45
Gross Profit	35.57	32.75	23.67	6.03	8.37	7.6
Selling, General & Admin	13.58	12.24	10.05	6.56	7.53	7.72
Research & Development	8.82	7.13	5.82	3.65	3.39	4.15
Other Operating Expenses	0	0	0	0	0.22	0.73
Operating Expenses	22.4	19.37	15.87	10.21	11.14	12.6
Operating Income	13.18	13.38	7.8	-4.18	-2.77	-5
Interest Expense / Income	-0.49	-1.25	-0.01	0.05	-0.01	0.25
Other Expense / Income	-1.79	0	-1.73	-2.02	0.01	-0.04
Pretax Income	15.46	14.62	9.54	-2.2	-2.77	-5.21
Income Tax	0.05	0.06	0.09	-0.18	0.04	0.03
Net Income	15.4	14.56	9.45	-2.03	-2.8	-5.24
Net Income Growth	8.17%	54.04%	-	-	-	-
Shares Outstanding (Basic)	29	28	26	23	23	22
Shares Outstanding (Diluted)	29	29	28	23	23	22
Shares Change	-1.73%	5.19%	18.40%	2.51%	2.21%	-1.73%
EPS (Basic)	0.53	0.52	0.36	-0.09	-0.12	-0.23
EPS (Diluted)	0.52	0.50	0.34	-0.09	-0.12	-0.23
EPS Growth	4.00%	47.06%	-	-	-	-
Free Cash Flow	4.51	8.65	1.09	-2.93	-2.19	-5.81
Free Cash Flow Per Share	0.16	0.31	0.04	-0.13	-0.10	-0.26
Gross Margin	49.49%	50.41%	46.56%	36.34%	37.55%	36.10%
Operating Margin	18.33%	20.59%	15.35%	-25.19%	-12.40%	-23.75%
Profit Margin	21.43%	22.41%	18.59%	-12.21%	-12.57%	-24.86%
Free Cash Flow Margin	6.28%	13.31%	2.15%	-17.64%	-9.81%	-27.59%
Effective Tax Rate	0.35%	0.41%	0.95%	-	-	-
EBITDA	16.15	13.91	9.84	-1.85	-2.39	-4.53
EBITDA Margin	22.47%	21.41%	19.35%	-11.13%	-10.73%	-21.49%
Depreciation & Amortization	1.18	0.54	0.31	0.31	0.38	0.43
EBIT	14.97	13.37	9.53	-2.16	-2.78	-4.96
EBIT Margin	20.82%	20.58%	18.75%	-13.00%	-12.45%	-23.54%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).